Mixed-Use Corner Development
1024 Soquel Avenue Santa Cruz, CA 95062
1024 Soquel Avenue, Santa Cruz, CA, 95062
$1,995,000
For Sale
$1,995,000
Corner parcel offers MU-H zoning with by-right up to five stories and zero front and side setbacks.
Lot Size0.27 Acres
Days on Market193
Property Features for 1024 Soquel Avenue
General Information
- Standard status
- Active
- Lot size
- 0.27 Acres
- Property subtype
- General Commercial
Listing agency
(831) 462-4000
Listed by
Main Street Realtors
Source
Xome
Added: Jan 10 Updated: Jul 21 at 8:04PM Checked: Jul 21 at 8:04PM
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Investment Insights
Based on property information with market context.
This mixed-use corner parcel presents a rare development opportunity at 1024 Soquel Avenue in Santa Cruz. The site is approximately 0.27 acres and is positioned within a federal Opportunity Zone. Zoning is MU-H, supporting multifamily residential alongside active ground-floor commercial uses, with by-right heights up to five stories. The property parameters note 0 ft front and side setbacks, establishing a documented development ceiling for an infill project. Parking requirements may be significantly reduced or removed per AB 2097.
The location is described as convenient to multiple nearby anchors and retail uses, including SC Athletic Club, Whole Foods, Shopper’s Corner, and Staff of Life, as well as dining and entertainment venues such as The Rio Theater and Sante Adairius Brewery. The parcel is also noted to be directly across from a public parking lot where the City hosts weekly Summer live entertainment and food truck events.
A base density of 55 DU/Acre is stated, and a city-vetted concept for 76–80 residential units has been reviewed using the State Density Bonus Law and small-unit exemptions where studios/1BRs do not count against density limits. Buyers should verify all development and zoning details independently.
The location is described as convenient to multiple nearby anchors and retail uses, including SC Athletic Club, Whole Foods, Shopper’s Corner, and Staff of Life, as well as dining and entertainment venues such as The Rio Theater and Sante Adairius Brewery. The parcel is also noted to be directly across from a public parking lot where the City hosts weekly Summer live entertainment and food truck events.
A base density of 55 DU/Acre is stated, and a city-vetted concept for 76–80 residential units has been reviewed using the State Density Bonus Law and small-unit exemptions where studios/1BRs do not count against density limits. Buyers should verify all development and zoning details independently.
Key Highlights
- Approximately 0.27‑acre corner parcel at 1024 Soquel Ave in Santa Cruz’s Eastside area
- Zoned MU‑H, allowing multifamily residential and active ground‑floor commercial uses
- By‑right heights up to 5 stories with 0 ft front and side setbacks
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Corner parcel offers MU-H zoning with by-right up to five stories and zero front and side setbacks.
Where is this commercial land located?
The property is located at 1024 Soquel Avenue Santa Cruz, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Approximately 0.27‑acre corner parcel at 1024 Soquel Ave in Santa Cruz’s Eastside area; Zoned MU‑H, allowing multifamily residential and active ground‑floor commercial uses; By‑right heights up to 5 stories with 0 ft front and side setbacks
